RR Donnelley & Sons Sees Significant Growth in Short Interest (RRD)
RR Donnelley & Sons (NASDAQ:RRD) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 19,369,307 shares, an increase of 10.5% from the June 13th total of 17,520,867 shares, AnalystRatingsNetwork.com reports. Currently, 9.8% of the company’s stock are short sold. Based on an average daily trading volume, of 2,237,221 shares, the days-to-cover ratio is currently 8.7 days.
RR Donnelley & Sons (NASDAQ:RRD) opened at 16.07 on Wednesday. RR Donnelley & Sons has a 1-year low of $14.67 and a 1-year high of $21.20. The stock’s 50-day moving average is $16.14 and its 200-day moving average is $17.5. The company has a market cap of $3.208 billion and a price-to-earnings ratio of 19.30.
R.R. Donnelley & Sons Company (NASDAQ:RRD) is a global provider of integrated communications.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.